MIC Electronics Limited
MIC Electronics is a global leader in the design, development & manufacturing of LED Video Displays, high-end Electronic and Telecommunication equipment and development of Telecom software since 1988.
What MIC files
- Others50
- Important26
- Board Meeting21
- Updates13
- Dividend/Bonus2
- Insider Trade2
The company allotted 5.68 Cr equity shares on a preferential basis to acquire a 59% stake in Neo Semi SG Pte. Ltd. This transaction increased the company's paid-up capital from ₹48.20 Cr to ₹59.57 Cr.
MICEL gained approval for a preferential issue of ~5.69 Cr equity shares, priced from Rs. 41.38 each, as a share swap to acquire Neo Semi Sg PTE. Ltd. This expands their business portfolio. Allotment expected within 15 days.
MIC Electronics secured a Rs 3.78 Cr domestic order from Chhattisgarh Environment Board for designing, supplying, installing, and maintaining lab furniture. This new order strengthens its business pipeline.
MIC Electronics secured two domestic orders from Indian Railways for telecom assets and passenger information systems across various divisions. These new business developments total over ₹2.21 Cr.
MIC Electronics secured a Rs 2.12 Cr order from Indian Railways (Sambalpur Division) for CIB & TIB systems. This domestic order, expected to be executed within six months, marks a positive business development.